Grab (GRAB) Chief Product Officer logs equity grants, share conversion and 50K-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grab Holdings Ltd Chief Product Officer Philipp Kandal reported a mix of share grants, conversions, and small open-market sales. On April 15, 2026, he converted 569,064 Class B Ordinary Shares into the same number of Class A Ordinary Shares and received multiple share grants totaling 1,006,250 Class A Ordinary Shares at no cost, all as equity compensation and RSU-related awards.
He then sold 30,000 Class A Ordinary Shares on April 15 at a weighted average price of $3.9162 per share and 20,000 shares on April 16 at $4.00 per share, both coded as open-market sales under a pre-arranged Rule 10b5-1(c) plan. After these transactions, he directly holds 4,125,430 Class A Ordinary Shares, and the newly granted 1,006,250 RSUs will vest between March 1, 2027 and March 1, 2029 subject to service-based conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 50,000 shares ($197,486)
Net Sell
9 txns
Insider
Kandal Philipp Wolfgang Josef
Role
Chief Product Officer
Sold
50,000 shs ($197K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Ordinary Shares | 20,000 | $4.00 | $80K |
| Conversion | Class B Ordinary Shares | 569,064 | $0.00 | -- |
| Disposition | Restricted Stock Unit | 411,906 | $0.00 | -- |
| Disposition | Restricted Stock Unit | 471,483 | $0.00 | -- |
| Conversion | Class A Ordinary Shares | 569,064 | $0.00 | -- |
| Grant/Award | Class A Ordinary Shares | 411,906 | $0.00 | -- |
| Grant/Award | Class A Ordinary Shares | 471,483 | $0.00 | -- |
| Grant/Award | Class A Ordinary Shares | 1,006,250 | $0.00 | -- |
| Sale | Class A Ordinary Shares | 30,000 | $3.9162 | $117K |
Holdings After Transaction:
Class A Ordinary Shares — 4,125,430 shares (Direct);
Class B Ordinary Shares — 0 shares (Direct);
Restricted Stock Unit — 0 shares (Direct)
Footnotes (1)
- Pursuant to an agreement between the Reporting Person and the Issuer, effective as of April 15, 2026, the Issuer shall deliver to the Reporting Person Class A Ordinary Shares instead of Class B Ordinary Shares upon vesting of these Restricted Stock Units ("RSUs"). The vesting conditions for these RSUs remain unchanged. Represents 1,006,250 Class A Ordinary Shares issuable upon the vesting of the same number of RSUs granted to the Reporting Person. The RSUs will vest subject to the satisfaction of certain service-based conditions. Represents shares sold pursuant to a Rule 10b5-1(c) plan that was adopted by the Reporting Person on November 11, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.85 to $3.96, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price in those transactions. Each Class B Ordinary Share is convertible into one Class A Ordinary Share at the option of the holder and has no expiration date. Each RSU represents a contingent right to receive one Class B Ordinary Share. The RSUs will vest equally on March 1, 2027 and March 1, 2028, subject to the satisfaction of certain service-based conditions. The RSUs will vest equally on March 1, 2027, March 1, 2028 and March 1, 2029, subject to the satisfaction of certain service-based conditions.
Key Figures
Open-market sales: 50,000 shares
Sale prices: $3.9162 and $4.00 per share
Post-transaction holdings: 4,125,430 shares
+3 more
6 metrics
Open-market sales
50,000 shares
Class A Ordinary Shares sold April 15–16, 2026
Sale prices
$3.9162 and $4.00 per share
Weighted average on April 15 and price on April 16
Post-transaction holdings
4,125,430 shares
Class A Ordinary Shares held directly after transactions
Class B to Class A conversion
569,064 shares
Class B Ordinary Shares converted into Class A on April 15, 2026
New RSU-based awards
1,006,250 shares
Class A Ordinary Shares issuable upon RSU vesting
RSU vesting dates
March 1, 2027–March 1, 2029
Service-based vesting schedule for granted RSUs
Key Terms
Rule 10b5-1(c) plan, Restricted Stock Unit, Class A Ordinary Shares, Class B Ordinary Shares, +1 more
5 terms
Rule 10b5-1(c) plan regulatory
"Represents shares sold pursuant to a Rule 10b5-1(c) plan that was adopted by the Reporting Person"
Restricted Stock Unit financial
"Each RSU represents a contingent right to receive one Class B Ordinary Share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
disposition to issuer financial
"transaction_action": "issuer disposition""
FAQ
What insider transactions did GRAB’s Chief Product Officer report on this Form 4?
The Chief Product Officer reported converting 569,064 Class B shares into Class A shares, receiving 1,006,250 Class A share awards, and selling 50,000 Class A shares in open-market transactions, while ending with 4,125,430 Class A shares directly held.
What new equity awards did the Grab (GRAB) executive receive in this filing?
He received grants representing 1,006,250 Class A Ordinary Shares issuable upon vesting of the same number of Restricted Stock Units. These RSUs vest in equal installments between March 1, 2027 and March 1, 2029, subject to service-based vesting conditions.